Phil Mickelson, pro golfer and gambler, has beenĀ hanging around shady people, and now he’s been dragged into a federal case that is going to cost him $931,000 of ill-gotten gains, according to reports.
The Associated Press says the Securities And Exchange Commission is filing a complaint against MickelsonĀ related to alleged insider trading.
The SEC says a gambler named William Walters received tips and business information about Dean Foods Co. from former Dean Foods director Thomas Davis between 2008 and 2012.
10 thingsĀ Steinbrenner should worry about
In 2012, the SEC says Walters calledĀ Mickelson, who owed him money, and urged him to trade Dean Foods stock. The SEC saysĀ MickelsonĀ did so the next day and made a profi…
Read the full article at: http://www.nj.com/sports/index.ssf/2016/05/phil_mickelson_used_dirty_money_to_pay_off_gamblin.html